Chubb Reports Second Quarter Per Share Net Income of $7.30 and Per Share Core Operating Income of $7.26, Up 18.2%; Consolidated Net Premiums Written of $14.7 Billion, Up 3.6%, with P&C and Life Insurance Up 3.0% and 7.5%; P&C Combined Ratio of 83.8%

Net income fell to $2.85B from $2.97B year-ago, but core operating income rose 14.6% to $2.84B. P&C net premiums written increased to $12.77B (+3.0%), or +6.3% excluding large account and E&S property, pointing to underlying premium growth despite the headline profit dip.